TQuantitative Methods – MAT 540 Student Course Guide Prerequisite: MAT 300 Quarter Meeting Days/Time Instructor Instructor Phone Instructor E-mail Instructor Office Hours/Location Academic Office Phone Number Strayer Technical Support INSTRUCTIONAL MATERIAL – Required ( including all mandatory software) 1-877-642-2999 Taylor‚ B. M. (2010). Introduction to management science (10th ed.). Upper Saddle River‚ NJ: Pearson/Prentice Hall. QM for Windows and Treeplan add-on for Excel. This software
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Question 1 . Parameters are known‚ constant values that are usually coefficients of variables in equations. Answer True False 2 points =T Question 2 . In general‚ an increase in price increases the break even point if all costs are held constant. . Answer True False 2 points =F Question 3 . Fixed cost is the difference between total cost and total variable cost. . Answer True False 2 points =T Question 4 . Probabilistic techniques assume that no
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CLICK TO DOWNLOAD MAT 540 Week 2 Quiz Question 1 If variable costs increase‚ but price and fixed costs are held constant‚ the break even point will decrease. Question 2 Parameters are known‚ constant values that are usually coefficients of variables in equations. Question 3 Probabilistic techniques assume that no uncertainty exists in model parameters. Question 4 In general‚ an increase in price increases the break even point if all costs are held constant. Question 5 P(A | B) is the
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Cost overrun 10 or 15 % Project A) 10‚000‚000 cost of opening mine including overrun of 10% so 9‚000‚000 open mine and over run 100000 Project B) 8300000 -(8300000*10%)= 7470000 1. Is this project financially feasible given the base scenario? Why or why not. Be sure to include a discussion of NPV and IRR. How does the lifetime income compare to the initial investment? 5 points 2. What are at least three risk factors that Heru should be considering in evaluating
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Attempt Score 34 out of 40 points Question 1 2 out of 2 points If exactly 3 projects are to be selected from a set of 5 projects‚ this would be written as 3 separate constraints in an integer program. Answer Selected Answer: False Correct Answer: False . Question 2 2 out of 2 points Rounding non-integer solution values up to the nearest integer value will result in an infeasible solution to an integer linear programming problem. Answer Selected
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38 out of 40 points Instructions Question 1 .2 out of 2 points The standard form for the computer solution of a linear programming problem requires all variables to be to the right and all numerical values to be to the left of the inequality or equality sign Answer Selected Answer: False Correct Answer: False . Question 2 .2 out of 2 points In a balanced transportation model‚ supply equals demand such that all constraints can be treated as equalities
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• Question 1 2 out of 2 points Probabilistic techniques assume that no uncertainty exists in model parameters. Answer Selected Answer: False Correct Answer: False • Question 2 2 out of 2 points Parameters are known‚ constant values that are usually coefficients of variables in equations. Answer Selected Answer: True Correct Answer: True • Question 3 0 out of 2 points Fixed cost is the difference between total cost and total variable cost
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Question 1 2 out of 2 points In general‚ an increase in price increases the break even point if all costs are held constant. Answer Selected Answer: False Correct Answer: False Question 2 2 out of 2 points If variable costs increase‚ but price and fixed costs are held constant‚ the break even point will decrease. Answer Selected Answer: False Correct Answer: False Question 3 2 out of 2 points Parameters are known‚ constant
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SYDNEY INSTITUTE OF BUSINESS AND TECHNOLOGY ACST101 TECHNIQUES AND ELEMENTS OF FINANCE REVISION - LECTURES 1‚ 2 & 3 Sample Class Test 1 Instructions: For Questions 1‚ 2 and 4 write your answer in the space provided. For Question 3 all working must be shown. Total marks for the test = 10. Time: 50 minutes writing time (no reading time) Question 1 (2 Marks ) (i) Vincent invested a sum of $5‚000 in a bank account earning 5½% p.a simple interest on 1 September 2003. On what date will Vincent’s bank
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Week 1 quiz Week 1‚ Quiz 1 Points Received 40/40 (100%) 1. Total cost equal the fixed cost plus the variable cost per unit divided by volume • True • False 2. Objective probabilities that can be stated prior to the occurrence of an event are • Subjective • A priori • Classical or a priori • None of the above 3. An experiment is an activity that results in one of several possible outcomes. • True
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